The pair Uniswap/Tether (UNI/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance line at 3.684 is likely expected.
Caution: A possible change in the direction of the support zone at 2.671 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The pair is likely to go up.
Besides a ‘Three Outside Up’ candlestick pattern is found. The chart forms ‘Three Outside Up’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.847 |
| 2nd High | 3.691 |
| Next High | 3.684 |
| Current Price | 3.646000000 |
| Next Low | 2.671 |
| 2nd Low | 2.466 |
| 3rd Low | 2.366 |
3.03 – 2.746 – 2.608 – 2.671 – 2.466 – 2.532 —
3.618000000 – 3.573000000 —
66.507808259192 – 53.911980095185 —
– —
3.03 – 1781571600
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three Outside Up – – –